Day-to-day cash management is one of the fundamental concepts ...

[rlane42]

Day-to-day cash management is one of the fundamental concepts that a nonfinancial manager should understand in order to:
 
  A) better assess the e current environment in which the firm operates.
  B) better assess future financing requirements.
  C) better understand the role of capital markets in raising long-term funds.
  D) better measure and create value for the shareholders.

Question 2

Based on the information in Table 4-1, the times interest earned ratio is
 
  A) 12.33 times. B) 23.75 times. C) 32.33 times. D) 19.00 times.

[amynguyen1221]

Answer to Question 1

A

Answer to Question 2

B

[rlane42]

Thanks for the timely response, appreciate it

[amcvicar]

Excellent